I gave my social security # out to a debt settlement company and they pulled my credit report. I am not going to use their program and will try to just pay off the debt on my own. Will my creditors know I was looking into settlement since the settlement co ran my credit? I am afraid my interest rates my increase now. Please advise and THANK YOU!
Will my creditors know I was looking into settlement since the settlement co ran my credit? I am afraid my interest rates my increase now. Please advise and THANK YOU!
The only way I see that credit report issue impacting you is if it appears as a credit inquiry and that triggers something. I’m surprised that a debt settlement company would pull your credit report and for what purpose since it was neither for employment or for an extension of credit.
If you have concerns about it appearing and you feel you did not give the debt settlement company permission to pull your credit report then I would contact the credit bureaus and dispute that action by them.
Please update me on your progress by posting updates here in the comments section of your question. I’m very interested in how this works out for you.Big Hug!
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